Which of the Following Is One of the Reasons That

question 79

Multiple Choice

Which of the following is one of the reasons that led to CNN,an innovator,losing its leadership position in the 24-hour cable news industry?

• A) The cable news industry was in the maturity stage of the industry life cycle.
• B) The second movers imitated CNN's incremental innovation to continuously improve their offering.
• C) It failed to cross the large competitive chasm between the early adopters and early majority.
• D) Its business model relied heavily on crowdsourcing for its user-generated content.

Recognize the importance of a petty cash system and its management.

Understand the application and limitations of internal control systems.

Recognize various types of transactions and their impact on bank reconciliation.

Know the importance and use of electronic transactions in business.

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Definitions:

IBM Way

A term that encapsulates the business philosophies, values, and practices that have characterized IBM's approach to business and innovation.

Planning Gap

A discrepancy between current performance levels and desired performance levels, indicating an area for strategic development.

Sales Response Function

A model that predicts the sales or market share response of a product or service to marketing effort or investment.

Contribution Margin

The amount by which sales revenue exceeds variable costs. It is used to cover fixed costs and generate profit.